Month: January 2021
post: How Much Did I Sell Last Month?
Reporting periods in accounting can be distinctly complicated and are typically left to accountants to handle. For example, Balance Sheets are a snapshot at a point in time, usually the end of a month, quarter, or year while an Income Statement is the reporting over some time, such as the “month of” or “last year.” […]
post: The Power of Predictive Analytics: Is it always enough?
Many expected an Alabama victory in the College Football Championship Game on Monday, but the 52-24 blowout win we witnessed over Ohio State was more decisive than any sportsbook had predicted. Personally, I was securely in the camp of believers who expected a close game, perhaps even an upset. Pre-game betting lines expected Nick Saban’s […]
post: Descriptive, Predictive, Prescriptive…Oh my!
If you search for the definition of analytics, it comes out something like this…Analytics is the systematic computational analysis of data or statistics. Let’s add to that… which is used to interpret and/or communicate patterns in data. There, that makes it much clearer. Doesn’t it? Analytics turns patterns and data into information that can be […]